Your fixed income strategy does not necessarily need to be adjusted based on every personnel or environmental change.
Emerging-market (EM) corporates have a track record of resilience across market cycles.
While history shows that U.S. markets tend to perform regardless of political leadership, the full impact of Trump’s policies could bring new challenges and opportunities for investors globally once he is in office.
Recent data, early results, and a relatively firm economy point toward possible improvement in Q3 retail earnings as Walmart, Target, and other big-box stores prepare to report.
Change is on the horizon for hard working Americans saving for their future, as 401(k) plans are now embracing private market investments. Savers may soon have access to opportunities previously reserved for institutional investors.
Recent insights from Natixis Investment Managers breaks down a few fixed income risks that investors may not be aware of.
The election results triggered a positive market response. The S&P 500 rose +2.5% on Wednesday following the election.
Last week’s developments mark one of the most pivotal weeks in recent memory.
From beginning to end, the 2024 election cycle will be looked back on as historic
October’s market activity can be neatly summarized in a single chart: the dollar (BBDXY) was strong and U.S. stocks (the VOO ETF tracks the S&P 500 index) meaningfully outperformed international stocks (VXUS).
Here’s our outlook on what to expect and how investors might navigate this new phase.
Republicans won the White House and Senate in the 2024 U.S. election, while vote counting continues for the House of Representatives. Here's a look at the policies that could affect markets.
Microsoft, Meta, Apple, Alphabet, and Amazon all experienced fluctuations in their shares, leading to a two-week losing streak in October after five months of gains. Despite this, Financials, Communications Services, and Energy sectors remained positive. Looking ahead, we're analyzing President-elect Trump's platform and its potential implications for corporate taxes, regulations, tariffs, inflation, and economic growth.
For investors who have been considering active investing, the post-election market swing could be the trigger to dive in.
I think I finally understand value of cryptocurrencies: They add some volatility to your portfolio. Maybe that’s why they have found such a champion in Donald Trump, who if nothing else adds some volatility to our politics.
BlackRock Inc. is throwing its weight behind an early push to bring exchange-traded funds to money-market investors.
All year, a slew of Wall Street pros have questioned the durability of an indiscriminate risk rally that has fattened stock prices by trillions of dollars, sent Bitcoin soaring, fueled a credit bonanza, and more.
Let's keep our client meetings focused and manageable. By doing so, we not only respect their time and attention but also increase the likelihood of them taking the necessary steps to achieve their financial goals.
Instead of dreading volatile markets, the savvy advisor understands that during these times, her professional skill is most valuable and she can fulfill the vital role that she was hired to accomplish.
With the Russell 2000 Index rallying in response to the U.S. election results—the benchmark index of small cap stocks soared by nearly 6% on Nov. 6 alone—small cap managers are re-evaluating their positioning ahead of President-elect Trump taking office in January.
In a week with a U.S. presidential election and market volatility, the Federal Reserve cut its policy rate 25 basis points (bps) as expected. Amid this noise and the generally positive messages from recent macro data, Fed Chair Jerome Powell emphasized that downside economic risks had decreased, but the policy rate remains above neutral, suggesting that gradual cuts are still likely to come over time.
The prospect of a Trump presidency has led to much debate and speculation about how markets might react. Depending on what policies are eventually passed, there are potential risks and opportunities in both the stock and bond markets.
The bond-market selloff unleashed by Donald Trump’s presidential victory last week ended almost as quickly as it began.
We are in a world where multiple, starkly different outcomes are possible. The decisive U.S. election outcome has stoked uncertainty about future U.S. policy.
Maslow’s hierarchy of needs was a groundbreaking concept when it appeared in 1943. American psychologist Abraham Maslow argued that certain basic needs—food, water, shelter, etc.—must be met before a person can move on to higher levels of self-worth and fulfillment.
In the report, Global Head of Fixed Income Jim Cielinski and Head of Global Short Duration Daniel Siluk believe navigating the change in rate regimes has grown more complicated for the Federal Reserve (Fed) as they must now consider the ramifications of Donald Trump’s proposed economic policies.
Investors have embraced U.S. midcap equity ETFs in 2024, with the investment style gathering $19 billion of new money as of early November.
Oil fell after Chinese stimulus measures disappointed speculators, but not enough to jolt prices from the narrowest trading band since July.
Explore how these two investment types compare.
Following the September FOMC meeting’s much ballyhooed 50-basis point (bps) rate cut, the voting members scaled back and reduced the Fed Funds by 25 bps this time around.
Volatility is likely here to stay until we get some level of clarity on the political landscape.
Marc Pinto, Head of Americas Equities, and Lucas Klein, Head of EMEA and Asia Pacific Equities, say a surprisingly straightforward U.S. election could provide additional momentum to U.S. stocks through the end of 2024. But it remains to be seen how policy will impact future earnings—the real driver of long-term returns.
Stocks have had a habit of gaining ground no matter who becomes President.
In the week ending November 2nd, initial jobless claims were at a seasonally adjusted level of 221,000. This represents an increase of 3,000 from the previous week's figure and is slightly better than forecasts for 223,000.
Results from tech giants largely underwhelmed this earnings season — but they included plenty of good news for Nvidia Corp.
This is not a typical business cycle. We see structural forces holding inflation higher long term, keeping the Fed from cutting as much as markets expect.
If we had to choose one indicator to watch over the next few months, it would be weekly initial jobless claims.
While the primary focus for the financial markets has been on the continued resilient U.S. economy and what the current Fed rate cut cycle will ultimately look like, there has been another topic that has been making the rounds in the bond arena: the budget deficit.
Investors have been married to their money market funds for the better part of the last two years.
Better than expected economic data drove interest rates higher, changing the market narrative and contributing to an equity market pullback early in the month. This unraveled expectations of further rate cuts by the Federal Reserve (Fed) and resulted in real rates moving higher. The 10-year Treasury has moved up 48 basis points, ending the month at 4.27%.
Let's take a close look at October's employment report numbers on Full and Part-Time Employment. The latest data shows that 82.7% of total employed workers are full-time (35+ hours) and 17.3% of total employed workers are part-time (<35 hours).
Things are looking up for bonds - learn what makes them a great addition to your portfolio right now.
The Fed’s rate cut last month has not jumpstarted U.S. housing market. Buyers need lower rates to get back in the game.
Franklin Templeton Fixed Income believes investing in companies promoting gender equality and diversity can lead to inclusivity and strong financial returns. Despite the persistent gender gap, there's an increase in women in leadership roles, positively impacting financial performance, corporate governance and crisis resilience.
U.S. equity-market leadership reversed course during the third quarter of 2024, with small cap stocks outperforming their large cap counterparts and the value factor beating the growth factor.
At GMO we have spent the last four decades taking a long-horizon approach to equity investing. Over time, a unique and reliable group of standout companies emerged from our research.
Last week's jobs report hit a "sweet spot" for the markets, confirming enough economic cooling to signal potential Fed rate cuts without yet sparking fears of a recession. I expect a 25-basis-point cut from the Fed this week and Powell may set us up for a data-dependent pause in December.
Treasuries fell as a strong report on services ahead of Thursday’s Federal Reserve interest-rate decision added to volatility around the US election.
US exchange-traded funds investing in Bitcoin recorded their highest daily net outflow to date as markets brace for Election Day.
Next-generation investors are looking for more than just traditional portfolio managements, and advisors should look to meet those expectations.
Brandywine Global: With the US election imminent, looking past heightened emotions and uncertainty to the potential economic and market impacts can be difficult. But election rhetoric eventually meets reality.
Key market indicators for November 2024 present a complex but opportunity-filled environment for traders and investors. Following the first phase of Federal Reserve rate cuts and growing global uncertainties, the technical landscape suggests several notable shifts. Let’s explore the key market indicators to watch.
Stocks and yields made slight early gains but attention is mainly on today's U.S. election. ISM Services data and a 10-year note auction lie ahead, and bond volatility is high.
In this article, we’ll remind you what listed real assets are, explain how they fit into an asset allocation, and help you understand why we believe now is an attractive time to invest in the asset class.
As we think about investing around a historic election, establishing what we know, what we need to know, and what we can count on is a useful foundation for navigating the uncertainty.
On this episode of the “ETF of the Week” podcast, VettaFi’s Head of Research Todd Rosenbluth discussed the VanEck Morningstar SMID Moat ETF (SMOT) with Chuck Jaffe of Money Life. The pair discussed several topics related to the fund to give investors a deeper understanding of the ETF overall.
After driving Treasury yields higher for weeks, traders are taking chips off the table before the US election, reluctant to take bold bond bets with the presidential race too close to call.
Stocks struggled for direction, bonds rose and the dollar fell, with polls continuing to depict a tight race in the US presidential election ahead of the Federal Reserve decision.
Anyone else ready for the election to be over? This uncertainty is exhausting, no matter how you want it to end. But sadly, it won’t really end. We will just transition to a different uncertainty over what will happen next. I will offer my thoughts on the election at the end of this letter, after setting the stage.
Here we are, another calendar quarter down with one more to go in 2024, and investors have yet to see a “hard landing” emerge.
The Northern Trust Economics team shares its outlook for growth, inflation and interest rates in major markets.
Get ready to ‘roll back’ the clocks! That’s right, Daylight Savings Time (DST) ends this weekend. This twice-a-year ritual is followed by every US state (except Arizona and Hawaii) and nearly 70 countries across the globe, but not everyone supports it.
Intel Corp. and Samsung Electronics Co. have shed a total of $227 billion in market value this year on their lack of leadership in artificial intelligence.
The BEA's core Personal Consumption Expenditures (PCE) Price Index for September showed that core inflation continues to be above the Federal Reserve's 2% long-term target at 2.7%. The September core Consumer Price Index (CPI) release was higher, at 3.3%. The Fed is on record as using core PCE data as its primary inflation gauge.
Investors who’ve been hedging against a deeper selloff in US Treasuries are preparing for volatility as Friday’s hurricane- and strike-tinged US employment report offers final clues ahead of next week’s Federal Reserve policy decision.
The roller coaster of recent employment readings has caused a fair bit of volatility lately. This month, Voya IM introduces a new macro dashboard to help explain short-term market movements, while providing context for the broader trends we expect to drive markets over time.
Our analysis explores how potential post-election tax policy changes might impact dividends, capital gains, and municipal bonds and how investors might prepare for different election outcomes.
With Direct Indexing, you can help your clients prepare for life-changing transactions and minimize capital gains taxes by selectively harvesting losses to offset those gains, and implementing tax-efficient trading strategies.
In this article, Russ Koesterich discusses why he believes U.S. exceptionalism is a trend that is likely to continue.
Personal income (excluding transfer receipts) rose 0.3% in September and is up 5.1% year-over-year. However, when adjusted for inflation using the BEA's PCE Price Index, real personal income (excluding transfer receipts) was up 0.08% month-over-month and up 2.9% year-over-year.
The Federal Reserve’s preferred measure of underlying US inflation posted its biggest monthly gain since April, bolstering the case for a slower pace of interest-rate cuts following last month’s outsize reduction.
Equities continued to climb in Q3, with fixed income remaining steady despite international conflicts, inflationary pressure, and election-related uncertainty in the United States.
The Conference Board's Consumer Confidence Index® rose in October to the highest level since January. The index increased to 108.7 this month from September's upwardly revised 99.2. This month's reading was much better than expected compared to the 99.5 forecasted.
In corporate-speak, when a company says a key target is “currently” unchanged but it plans to disclose a “review” soon, you know trouble is coming. And indeed, there’s trouble ahead for BP Plc.
While the overall market tends to respond favorably once the uncertainty of the election is behind us, it's important to recognize that there will be different winners and losers depending on the outcome.
Deep value stocks are GMO Asset Allocation’s highest conviction investment idea. In a world where many stocks are being driven ever higher by positive sentiment and investor optimism, some fundamentally sound but unloved companies are being left behind, consequently trading at extraordinary discounts.
State and municipal budgets are adjusting to life after pandemic interventions.
Yields have risen from the dead since their recent lows in mid-September presenting investors with an opportunity that many were scared had disappeared following the FOMC’s 50 basis point rate cut at their last meeting.
Earnings season is shaping up to be relatively strong so far, but the market will likely continue to shift focus to an increasingly murky sales picture.
Investment grade bonds have long been synonymous with a “core” fixed income allocation, but we believe a flexible strategy also belongs in most bond portfolios, as managers can adjust their exposure based on market conditions.
The greatest dangers to a portfolio during an election year are either external events or the investor’s own actions. An election year makes staying the course more important than ever.
The US presidential election Nov. 5 is shaping up to be the mother of event risks so you’d think the safest of all havens would be holding up. But it’s not — and that’s only one of the notable anomalies springing up in financial markets. Yields on 10-year US Treasuries have risen nearly 70 basis points since the Federal Reserve's punchy half-point initial rate cut on Sept. 17.
This week’s economic indicators continue to reflect a resilient U.S. economy despite the ongoing pressure from higher interest rates. Jobless claims dropped to 227,000, indicating a steady labor market. Durable goods orders came in strong, aligning with estimates, and GDP growth for Q3 is expected to come in between 3% and 3.25%, a robust figure by most standards.
When done effectively, your outsourced team of professionals can help improve efficiencies, increase productivity, and scale profitably – all while giving you the freedom to focus on what you’re most passionate about.
Normalization seems to be in its final stage, with the Fed expected to continue cutting rates.
Annuity owners value the financial security that guaranteed lifetime income provides.
The long and winding road to one of the most unusual presidential elections in history is coming to an end – with Election Day now just 11 days away.
Digital assets are emerging as a crucial subset of alternative investments, and their integration into wealth management portfolios is inevitable.
Bitcoin traders are targeting the $70,000 price level last reached in June once again after cryptocurrencies briefly dipped across the board late Friday and US exchange-traded funds continued to see steady inflows.
The third quarter of 2024 saw a clear reversal in market leadership, with the Low Volatility and High Dividend factors performing the best while the Momentum and Growth factors performed the worst.
Risk Management
Resist Short-Term Temptations
Your fixed income strategy does not necessarily need to be adjusted based on every personnel or environmental change.
Emerging-Market Corporates’ Most Underappreciated Quality? Resilience
Emerging-market (EM) corporates have a track record of resilience across market cycles.
Trump’s Election Win: Key Takeaways for Investors Globally
While history shows that U.S. markets tend to perform regardless of political leadership, the full impact of Trump’s policies could bring new challenges and opportunities for investors globally once he is in office.
Optimism Improves Ahead of Q3 Retail Earnings
Recent data, early results, and a relatively firm economy point toward possible improvement in Q3 retail earnings as Walmart, Target, and other big-box stores prepare to report.
Modernizing Retirement Plans With Alternative Investments
Change is on the horizon for hard working Americans saving for their future, as 401(k) plans are now embracing private market investments. Savers may soon have access to opportunities previously reserved for institutional investors.
Avoid These 2 Pitfalls In Fixed Income Investing
Recent insights from Natixis Investment Managers breaks down a few fixed income risks that investors may not be aware of.
The Election Is Over — What Is Next?
The election results triggered a positive market response. The S&P 500 rose +2.5% on Wednesday following the election.
Fed Flexibility, GOP Sweep Boost Market Outlook
Last week’s developments mark one of the most pivotal weeks in recent memory.
Early Election Thoughts
From beginning to end, the 2024 election cycle will be looked back on as historic
November 2024 Update
October’s market activity can be neatly summarized in a single chart: the dollar (BBDXY) was strong and U.S. stocks (the VOO ETF tracks the S&P 500 index) meaningfully outperformed international stocks (VXUS).
How Donald Trump’s Return Could Shape the Economy and Markets
Here’s our outlook on what to expect and how investors might navigate this new phase.
Trump Wins: Implications for Key Policy Issues
Republicans won the White House and Senate in the 2024 U.S. election, while vote counting continues for the House of Representatives. Here's a look at the policies that could affect markets.
Election Volatility: How Political Uncertainty is Shaping Business Conditions and Market Expectations
Microsoft, Meta, Apple, Alphabet, and Amazon all experienced fluctuations in their shares, leading to a two-week losing streak in October after five months of gains. Despite this, Financials, Communications Services, and Energy sectors remained positive. Looking ahead, we're analyzing President-elect Trump's platform and its potential implications for corporate taxes, regulations, tariffs, inflation, and economic growth.
Look to Active Investing for Post-Election Market Growth
For investors who have been considering active investing, the post-election market swing could be the trigger to dive in.
The Bitcoin Bubble Isn’t All About Trump
I think I finally understand value of cryptocurrencies: They add some volatility to your portfolio. Maybe that’s why they have found such a champion in Donald Trump, who if nothing else adds some volatility to our politics.
BlackRock Targets Money-Market Fund Business in New ETF Push
BlackRock Inc. is throwing its weight behind an early push to bring exchange-traded funds to money-market investors.
Wall Street Bets on New Riches Ahead in Markets All-In on Trump
All year, a slew of Wall Street pros have questioned the durability of an indiscriminate risk rally that has fattened stock prices by trillions of dollars, sent Bitcoin soaring, fueled a credit bonanza, and more.
Mastering Client Meetings: How to Avoid Overwhelm and Deliver Massive Value
Let's keep our client meetings focused and manageable. By doing so, we not only respect their time and attention but also increase the likelihood of them taking the necessary steps to achieve their financial goals.
Thank Goodness for Volatile Markets!
Instead of dreading volatile markets, the savvy advisor understands that during these times, her professional skill is most valuable and she can fulfill the vital role that she was hired to accomplish.
How Small Cap Managers Are Adjusting Their Portfolios in the Wake of the U.S. Elections
With the Russell 2000 Index rallying in response to the U.S. election results—the benchmark index of small cap stocks soared by nearly 6% on Nov. 6 alone—small cap managers are re-evaluating their positioning ahead of President-elect Trump taking office in January.
Amid Uncertainty, Fed Embraces Data Dependence
In a week with a U.S. presidential election and market volatility, the Federal Reserve cut its policy rate 25 basis points (bps) as expected. Amid this noise and the generally positive messages from recent macro data, Fed Chair Jerome Powell emphasized that downside economic risks had decreased, but the policy rate remains above neutral, suggesting that gradual cuts are still likely to come over time.
Trump Presidency – Quick Thoughts On Market Impact
The prospect of a Trump presidency has led to much debate and speculation about how markets might react. Depending on what policies are eventually passed, there are potential risks and opportunities in both the stock and bond markets.
Bond Market on Risky Path as Traders Regroup From Wild Week
The bond-market selloff unleashed by Donald Trump’s presidential victory last week ended almost as quickly as it began.
Weekly Market Commentary
We are in a world where multiple, starkly different outcomes are possible. The decisive U.S. election outcome has stoked uncertainty about future U.S. policy.
Trump Prevailed by Running on the Need for Safety and Protection
Maslow’s hierarchy of needs was a groundbreaking concept when it appeared in 1943. American psychologist Abraham Maslow argued that certain basic needs—food, water, shelter, etc.—must be met before a person can move on to higher levels of self-worth and fulfillment.
The Fed Acknowledges the Elephant in the Room
In the report, Global Head of Fixed Income Jim Cielinski and Head of Global Short Duration Daniel Siluk believe navigating the change in rate regimes has grown more complicated for the Federal Reserve (Fed) as they must now consider the ramifications of Donald Trump’s proposed economic policies.
A Smarter Way To Midcap?
Investors have embraced U.S. midcap equity ETFs in 2024, with the investment style gathering $19 billion of new money as of early November.
Oil Falls on China Demand Woes Even as Market Remains Rangebound
Oil fell after Chinese stimulus measures disappointed speculators, but not enough to jolt prices from the narrowest trading band since July.
How Active and Passive Funds Work Differently
Explore how these two investment types compare.
Fed Watch: Speed Limit 25
Following the September FOMC meeting’s much ballyhooed 50-basis point (bps) rate cut, the voting members scaled back and reduced the Fed Funds by 25 bps this time around.
Taking a Long-Term View
Volatility is likely here to stay until we get some level of clarity on the political landscape.
Quick View: A Win for Republicans Boosts US Stocks
Marc Pinto, Head of Americas Equities, and Lucas Klein, Head of EMEA and Asia Pacific Equities, say a surprisingly straightforward U.S. election could provide additional momentum to U.S. stocks through the end of 2024. But it remains to be seen how policy will impact future earnings—the real driver of long-term returns.
Who Are The Real Election Winners?
Stocks have had a habit of gaining ground no matter who becomes President.
Unemployment Claims Up 3K, Slightly Better Than Expected
In the week ending November 2nd, initial jobless claims were at a seasonally adjusted level of 221,000. This represents an increase of 3,000 from the previous week's figure and is slightly better than forecasts for 223,000.
Nvidia Is Clear Winner In a Lackluster Big Tech Earnings Season
Results from tech giants largely underwhelmed this earnings season — but they included plenty of good news for Nvidia Corp.
Structural Forces Playing Out Now
This is not a typical business cycle. We see structural forces holding inflation higher long term, keeping the Fed from cutting as much as markets expect.
Q4 Global Market Outlook 2024: U.S. Soft Landing: Is It Possible?
If we had to choose one indicator to watch over the next few months, it would be weekly initial jobless claims.
A Closer Look at the Budget Deficit
While the primary focus for the financial markets has been on the continued resilient U.S. economy and what the current Fed rate cut cycle will ultimately look like, there has been another topic that has been making the rounds in the bond arena: the budget deficit.
More Money Market Substitutes Taking Shape
Investors have been married to their money market funds for the better part of the last two years.
Late Tech Losses Sink October Equity Market Gains
Better than expected economic data drove interest rates higher, changing the market narrative and contributing to an equity market pullback early in the month. This unraveled expectations of further rate cuts by the Federal Reserve (Fed) and resulted in real rates moving higher. The 10-year Treasury has moved up 48 basis points, ending the month at 4.27%.
A Closer Look at Full-time and Part-time Employment
Let's take a close look at October's employment report numbers on Full and Part-Time Employment. The latest data shows that 82.7% of total employed workers are full-time (35+ hours) and 17.3% of total employed workers are part-time (<35 hours).
The Bond Market Update: What You Need to Know
Things are looking up for bonds - learn what makes them a great addition to your portfolio right now.
The Housing Market Is Still Stuck
The Fed’s rate cut last month has not jumpstarted U.S. housing market. Buyers need lower rates to get back in the game.
Empowering Change: The Role of Social Bonds in Promoting Gender Equality
Franklin Templeton Fixed Income believes investing in companies promoting gender equality and diversity can lead to inclusivity and strong financial returns. Despite the persistent gender gap, there's an increase in women in leadership roles, positively impacting financial performance, corporate governance and crisis resilience.
Quarterly Trading Report – Q3 2024: The Big Rotation and the Big Cut
U.S. equity-market leadership reversed course during the third quarter of 2024, with small cap stocks outperforming their large cap counterparts and the value factor beating the growth factor.
Quality: The Real McCoy
At GMO we have spent the last four decades taking a long-horizon approach to equity investing. Over time, a unique and reliable group of standout companies emerged from our research.
Jobs Report Signals Another Fed Cut This Week
Last week's jobs report hit a "sweet spot" for the markets, confirming enough economic cooling to signal potential Fed rate cuts without yet sparking fears of a recession. I expect a 25-basis-point cut from the Fed this week and Powell may set us up for a data-dependent pause in December.
Treasuries Slip on Election Day as Volatility Hits One-Year High
Treasuries fell as a strong report on services ahead of Thursday’s Federal Reserve interest-rate decision added to volatility around the US election.
US Bitcoin ETFs Suffer Record Outflows Ahead of Election Day
US exchange-traded funds investing in Bitcoin recorded their highest daily net outflow to date as markets brace for Election Day.
Advisors Should Adapt to Evolving Client Expectations
Next-generation investors are looking for more than just traditional portfolio managements, and advisors should look to meet those expectations.
Election Promises Meet Reality
Brandywine Global: With the US election imminent, looking past heightened emotions and uncertainty to the potential economic and market impacts can be difficult. But election rhetoric eventually meets reality.
Key Market Indicators for November 2024
Key market indicators for November 2024 present a complex but opportunity-filled environment for traders and investors. Following the first phase of Federal Reserve rate cuts and growing global uncertainties, the technical landscape suggests several notable shifts. Let’s explore the key market indicators to watch.
Opening Market Update: Stocks, Yields Mildly Up in Waiting Game for Vote
Stocks and yields made slight early gains but attention is mainly on today's U.S. election. ISM Services data and a 10-year note auction lie ahead, and bond volatility is high.
Real Assets: Today’s Mag 7 Diversifiers?
In this article, we’ll remind you what listed real assets are, explain how they fit into an asset allocation, and help you understand why we believe now is an attractive time to invest in the asset class.
Investing Around the Election and the Government Debt Problem
As we think about investing around a historic election, establishing what we know, what we need to know, and what we can count on is a useful foundation for navigating the uncertainty.
VanEck Morningstar SMID Moat ETF (SMOT)
On this episode of the “ETF of the Week” podcast, VettaFi’s Head of Research Todd Rosenbluth discussed the VanEck Morningstar SMID Moat ETF (SMOT) with Chuck Jaffe of Money Life. The pair discussed several topics related to the fund to give investors a deeper understanding of the ETF overall.
Bond Traders Greet a Momentous Week With Their Wagers Reeled In
After driving Treasury yields higher for weeks, traders are taking chips off the table before the US election, reluctant to take bold bond bets with the presidential race too close to call.
‘Dead Heat’ Election Has S&P 500 in Wavering Mode: Markets Wrap
Stocks struggled for direction, bonds rose and the dollar fell, with polls continuing to depict a tight race in the US presidential election ahead of the Federal Reserve decision.
One-Way Road to Crisis
Anyone else ready for the election to be over? This uncertainty is exhausting, no matter how you want it to end. But sadly, it won’t really end. We will just transition to a different uncertainty over what will happen next. I will offer my thoughts on the election at the end of this letter, after setting the stage.
2024 Economic & Market Outlook: The Final Stretch
Here we are, another calendar quarter down with one more to go in 2024, and investors have yet to see a “hard landing” emerge.
Closing The Year Well
The Northern Trust Economics team shares its outlook for growth, inflation and interest rates in major markets.
Fundamentals Matter More Than Politics for Markets
Get ready to ‘roll back’ the clocks! That’s right, Daylight Savings Time (DST) ends this weekend. This twice-a-year ritual is followed by every US state (except Arizona and Hawaii) and nearly 70 countries across the globe, but not everyone supports it.
Intel, Samsung Results Rallies Seen Short-Lived on AI Challenges
Intel Corp. and Samsung Electronics Co. have shed a total of $227 billion in market value this year on their lack of leadership in artificial intelligence.
Two Measures of Inflation: September 2024
The BEA's core Personal Consumption Expenditures (PCE) Price Index for September showed that core inflation continues to be above the Federal Reserve's 2% long-term target at 2.7%. The September core Consumer Price Index (CPI) release was higher, at 3.3%. The Fed is on record as using core PCE data as its primary inflation gauge.
Bond Traders Scour US Jobs Data for Clues on Fed’s Rate Plan
Investors who’ve been hedging against a deeper selloff in US Treasuries are preparing for volatility as Friday’s hurricane- and strike-tinged US employment report offers final clues ahead of next week’s Federal Reserve policy decision.
Fixed Income Perspectives: What Could Cause Volatility in the Short Term?
The roller coaster of recent employment readings has caused a fair bit of volatility lately. This month, Voya IM introduces a new macro dashboard to help explain short-term market movements, while providing context for the broader trends we expect to drive markets over time.
U.S. Election: Prepare Now for Potential Tax Shifts
Our analysis explores how potential post-election tax policy changes might impact dividends, capital gains, and municipal bonds and how investors might prepare for different election outcomes.
How Direct Indexing Can Help Offset Taxes on a Future Financial Windfall
With Direct Indexing, you can help your clients prepare for life-changing transactions and minimize capital gains taxes by selectively harvesting losses to offset those gains, and implementing tax-efficient trading strategies.
Reasons to Remain Overweight U.S. Stocks
In this article, Russ Koesterich discusses why he believes U.S. exceptionalism is a trend that is likely to continue.
The Big Four Recession Indicators: Real Personal Income Up 0.1% in September
Personal income (excluding transfer receipts) rose 0.3% in September and is up 5.1% year-over-year. However, when adjusted for inflation using the BEA's PCE Price Index, real personal income (excluding transfer receipts) was up 0.08% month-over-month and up 2.9% year-over-year.
Key US Inflation Gauge and Spending Pick Up in Solid Economy
The Federal Reserve’s preferred measure of underlying US inflation posted its biggest monthly gain since April, bolstering the case for a slower pace of interest-rate cuts following last month’s outsize reduction.
Climbing the Wall of Worries
Equities continued to climb in Q3, with fixed income remaining steady despite international conflicts, inflationary pressure, and election-related uncertainty in the United States.
Consumer Confidence Rises in October
The Conference Board's Consumer Confidence Index® rose in October to the highest level since January. The index increased to 108.7 this month from September's upwardly revised 99.2. This month's reading was much better than expected compared to the 99.5 forecasted.
BP Needs a Swifter Reality Check on Share Buybacks
In corporate-speak, when a company says a key target is “currently” unchanged but it plans to disclose a “review” soon, you know trouble is coming. And indeed, there’s trouble ahead for BP Plc.
What Could Investors Expect After the Election?
While the overall market tends to respond favorably once the uncertainty of the election is behind us, it's important to recognize that there will be different winners and losers depending on the outcome.
Don’t Miss Out
Deep value stocks are GMO Asset Allocation’s highest conviction investment idea. In a world where many stocks are being driven ever higher by positive sentiment and investor optimism, some fundamentally sound but unloved companies are being left behind, consequently trading at extraordinary discounts.
Local Finances, Challenging Choices
State and municipal budgets are adjusting to life after pandemic interventions.
Don't Get Spooked, It's Time to Go Trick-or-Treating
Yields have risen from the dead since their recent lows in mid-September presenting investors with an opportunity that many were scared had disappeared following the FOMC’s 50 basis point rate cut at their last meeting.
You've Got to Earn It: Update on Earnings Season
Earnings season is shaping up to be relatively strong so far, but the market will likely continue to shift focus to an increasingly murky sales picture.
The Benefits of a Flexible Core
Investment grade bonds have long been synonymous with a “core” fixed income allocation, but we believe a flexible strategy also belongs in most bond portfolios, as managers can adjust their exposure based on market conditions.
Electing to Stay Invested This November
The greatest dangers to a portfolio during an election year are either external events or the investor’s own actions. An election year makes staying the course more important than ever.
Weird Things Are Happening in the Bond Market
The US presidential election Nov. 5 is shaping up to be the mother of event risks so you’d think the safest of all havens would be holding up. But it’s not — and that’s only one of the notable anomalies springing up in financial markets. Yields on 10-year US Treasuries have risen nearly 70 basis points since the Federal Reserve's punchy half-point initial rate cut on Sept. 17.
Resilience Persists Amid Rate, Election Uncertainty
This week’s economic indicators continue to reflect a resilient U.S. economy despite the ongoing pressure from higher interest rates. Jobless claims dropped to 227,000, indicating a steady labor market. Durable goods orders came in strong, aligning with estimates, and GDP growth for Q3 is expected to come in between 3% and 3.25%, a robust figure by most standards.
Who Belongs on Your Advisory Firm’s Dream Team?
When done effectively, your outsourced team of professionals can help improve efficiencies, increase productivity, and scale profitably – all while giving you the freedom to focus on what you’re most passionate about.
Capital Markets Outlook 4Q 2024—Normalization: Endgame
Normalization seems to be in its final stage, with the Fed expected to continue cutting rates.
Annuity Owners Value the Benefits of Lifetime Income
Annuity owners value the financial security that guaranteed lifetime income provides.
Tackling the Biggest Questions Facing the Markets and Economy
The long and winding road to one of the most unusual presidential elections in history is coming to an end – with Election Day now just 11 days away.
Digital Assets' Growing Role in Wealth Management
Digital assets are emerging as a crucial subset of alternative investments, and their integration into wealth management portfolios is inevitable.
Bitcoin Traders Refocus on $70,000 With Cash Flowing Into ETFs
Bitcoin traders are targeting the $70,000 price level last reached in June once again after cryptocurrencies briefly dipped across the board late Friday and US exchange-traded funds continued to see steady inflows.
Q3 2024 Active Management Review: Market Leadership Reverses
The third quarter of 2024 saw a clear reversal in market leadership, with the Low Volatility and High Dividend factors performing the best while the Momentum and Growth factors performed the worst.